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Wednesday, January 16, 2008

Court Rules Against Investors

The Associated Press reports, "The Supreme Court ruled Tuesday against investors who sue businesses that help manipulate stock prices of publicly traded companies." "In a 5-3 decision that split along conservative-liberal lines," explains the report, "the court gave a measure of protection from securities lawsuits to suppliers, banks, accountants and law firms that do business with corporations engaging in securities fraud."

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